Blue Sonic Donchian MT4/MT5 – Person guide – Buying and selling Methods – 5 October 2023

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–a product by means of BluesAlgo Ltd 2023 


Intro

BlueSonic Donchian EA (‘Sonic’) is a next-gen multi-currency multi-timeframe EA base on Donchian indicator. Instead of customary one-off access, customers would have technique to turn on grid collection to maximise go back from sub-optimal access. What make Sonic stand proud of different grid EA available on the market is its core benefits:

  • Ease and flexibly to arrange (ONLY one-chart wanted) which go well with many buying and selling types: trend-follow, counter-trend, breakout, market-open consultation, night-scalping and so on.

  • State-of-the-art order control and possibility control machine (due to the integrated GridRescue module) and well-researched/nicely validated options

  • Institutional-grade buying and selling good judgment constructed into the code structure to deal with many identified grid-trading similar circumstance with out the hefty ticket

🔴 Advice for speedy get started:

 – minimal account steadiness:  $1500 (for 1:500 leverage) or $3000 (for 1:200 leverage). Use cent account if wanted

 – get started lot: 0.01

 – symbols: XAUUSD (Gold), maximum FX majors and minors move of USD, EUR, GBP, AUD, CAD (steer clear of JPY, NZD, CHF and exotics pairs), indices (GER40NASDAQ100,SP500 and so on.)

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Panel Atmosphere

1 Review

Sonic Donchian EA - Panel Setting - part 1

Sonic Donchian EA - Panel Setting - part 2

2 Parameters clarification

# Inputs Description Worth and examples
1 One-chart setup (a couple of time frame) Technique string with syntax: <Time frame>:<EntryType>:<StartLot>
the place: 
 – <Time frame>: M1, M5, M15, M30, H1, H4, D1, W1, MN1 (case insensitive)
 – <EntryType>: both this sort of values “BreakOut”, “Reversal”, or “Each” (case insensitive)
 – <StartLot>: the beginning lot of the preliminary business, e.g. 0.01 

More than one technique string will also be entered seperated by means of comma “,”

M5:Each:0.01
this will instruct Sonic to business Breakout and Reversal trades on M5 time frame with get started lot of 0.01

M1:breakout:0.01,M15:reversal:0.02
this may increasingly instruct Sonic to business breakout technique on M1 get started with 0.01 lot and reversal technique on M15 get started with 0.02 lot

2 __[Note the current strategy here]___ It is a string placeholder the place you’ll be able to jot down some word about present specified technique – for speedy reminiscence word. It does now not have any impact at the EA operation. To hand if you wish to temporarily save a secondary technique string to change out with some other one 
3 TradeMode Choose between dropdown: 
 – “Buy_and_Sell”
 – “BuyOnly”
 – “SellOnly”
 – “NoTradeAllowed”
4 Symbols to business Record of Image which Sonic would perform on. String listing of dealer’s symbols, separated by means of comma(,):  – “EURUSD,GBPUSD,USDJPY” In case your dealer use suffix for his or her symbols, you’ll be able to both use the “Dealer’s image suffix” enter parameter underneath or simply insert it immediately right here as follows:  – “EURUSD.professional,GBPUSD.professional,USDJPY.professional” if this box left clean, then BlueSwift will best perform at the present chart’s image best (i.e. the chart’s image the place you drop BlueSwift on)
5 Dealer’s image suffix Dealer’s designated suffix for his or her tradable symbols Excluding box #4, you’ll be able to additionally upload your dealer’s suffix for buying and selling image right here. As an example: in case your dealer’s tools are EURUSD.ecn then put “.ecn”in case your dealer’s tools are EURUSD.. then put “..”This will also be clean for those who already come with the logo suffix within the box #4 above
6 Fastened beginning order dimension Get started lot dimension.

If the One-chart setup technique string (box #1) above is empty (clean) then this get started lot will probably be carried out

7 Industry Access technique

Set information:

 Please in finding the connected set information underneath for speedy arrange

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